There is nothing to suggest my post contained misleading content.
You post also only had PARTIAL Facts and insufficient information.
Yes, we all know FM was Mined in the 20s AND the 80s using up to date equipment. However, it was Mined in the 1880s. 1920s.1940s and 1980s, so this has been well Mined and will cost a fortune to go down further. It will cost too much. In addition, the Mining permit only runs until 3rd October 2019 when they will have to pay to renew it.
The last yield was 2-3%, not even 5% of the required amount to make it worth while assaying. That was 1000 Tonnes of Ore which turned out to be almost worthless. So, would FLPC waste tens of thousands more $ knowing full well that the next quantity of Ore would probably yield the same amount of value. I very much doubt it. This is probably why it was abandoned.
In the last 40 years, nobody else has wanted to touch it. Think of the cost of Hiring Modern day Plant to go down many hundreds of feet, even a few thousand feet at the cost of around $100,000 a DAY with Modern Day equipment. It has to be extracted, loaded, shipped, and processed....MORE costs.
the main FACT is, that FLPC will unlikely ever to Mine FM as they would have just enough cash for maybe a weeks mining.
IT WON'T HAPPEN! People here just cannot get their heads around the fact there is insufficient funds to barely scratch the surface of that layer. With FLPC, Mining Fencemaker will be impossible under present financial conditions...which you all know is not good. A Pipe Dream.
